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Analysts Offer Insights on Communication Services Companies: Angi (ANGI) and Live Nation Entertainment (LYV)

Tipranks - Thu Jan 15, 5:36AM CST

Analysts have been eager to weigh in on the Communication Services sector with new ratings on Angi (ANGIResearch Report) and Live Nation Entertainment (LYVResearch Report).

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Angi (ANGI)

J.P. Morgan analyst Cory Carpenter maintained a Hold rating on Angi yesterday and set a price target of $14.00. The company’s shares closed last Tuesday at $12.90.

According to TipRanks.com, Carpenter is a 1-star analyst with an average return of -0.6% and a 41.7% success rate. Carpenter covers the NA sector, focusing on stocks such as IAC/InteractiveCorp., Match Group, and MediaAlpha. ;'>

Angi has an analyst consensus of Moderate Buy, with a price target consensus of $20.17, representing a 52.6% upside. In a report issued on January 8, TipRanks – xAI also reiterated a Hold rating on the stock with a $13.50 price target.

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Live Nation Entertainment (LYV)

In a report released yesterday, Jason Bazinet from Citi maintained a Buy rating on Live Nation Entertainment, with a price target of $181.00. The company’s shares closed last Tuesday at $146.02, close to its 52-week high of $157.75.

According to TipRanks.com, Bazinet is a 5-star analyst with an average return of 19.4% and a 66.2% success rate. Bazinet covers the NA sector, focusing on stocks such as Clear Channel Outdoor, Universal Music Group, and Nexstar Media Group. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Live Nation Entertainment with a $173.25 average price target, which is a 17.7% upside from current levels. In a report issued on January 12, Bernstein also reiterated a Buy rating on the stock with a $185.00 price target.

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